The tactic can help investors with concentrated positions, but historically, it has only been available to HNW investors.
Caprock’s acquisition of Grey Street Capital brings the UHNW multifamily office to more than $11 billion AUA.
The deal values the combined entity, Binah Capital Group, at $208 million. It starts trading under the ticker BCG.
Based on their reputational value, successful firms can charge a premium for their capital.